If Bitcoin continues to trade at these levels, it's bad as it will take us back to the 84k areas and then to 80k. However, if new liquidity comes in and pushes it to 93k and it closes clearly and steadily, then it will go to the 103k areas. So, clearly, nothing new is happening in the market; my analysis remains the same.
As for Ethereum, it is positioned below the trend with a daily candle that could launch at any moment, possibly revisiting the 2000 dollar areas. I have a feeling of a quick visit back to 1850 to liquidate all financial leverage, and then a rapid rise. But if Ethereum closes with negative daily closes below 2000, that would be very bad for Ethereum as it would have broken a very important daily candle trend, which is very bad. Be cautious, avoid emotions, be patient, and don't invest all your capital so you can have control over the market; by investing all your capital, the market controls you.
That's all for today. Like and follow to stay updated with everything new.
